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dollar for it. illinois has three governors in prison and a 15 billion-dollar deficit if they want to pay for it that is their problem. missouri has to be responsible and make the tough decisions to read should be put in the mix of what we do the high-speed rail? it's probably in the mix but i don't think that is before us right now. i want to see with a factor would be. that's my world. i want to see supply and demand. if it's not there we are not in the position to build it and they will come. we are just not there. >> moderator: jim higgins? higgins: okay. i am not a transportation expert, and i don't think that these guys are either. i graduate from school as a civil engineer and i worked five years as a civil engineer but i haven't lately working on computers. why should a bureaucrat decide, which, what mode of transportation is the best? what we have rail or highways it got a central in the beginning. we build all of these highways. we overdid it on the highway. now we have our pollution and gas consumption because some bureaucrat decided that we needed highways. now we are trying t
in the real clip in 2013 is you can't sustain these deficits obviously for too long because they can't keep printing money and expect the world to take it or buy treasury notes forever. the economy is slow and they will be coming into another dip. they are foreign policy challenges i think the next president will have a moment between november 7, i agree just to begin november 7, on january 20. and i don't know, summer, fall of 2013 to do a lot. and i would bet that there would be a huge legislative agenda in 2013. i think whichever ones when can i do by the gridlock argument. if obama gets reelected he will have kind of a mandated basically. i mean, to go with his version of a big deal which will be bowles-simpson, the left version of bowles-simpson, let's say bowles-simpson with a tax hike for people over 250 or 500,000 or in a little less tight new form. if romney wins he will have a mandate for some version of the ryan budget, probably temper a little bit to get some democratic votes. if he becomes president i think we'll have a mandated something close to the. either way we'll probably
reducing the deficit making huge profits returning record amounts of money to the treasury as a result of all of their previous quantitative easing. so, the opposite of spending your tax dollars is true it of course the fed is legally independent and run by a diet that is appointed by george w. bush. so this is so completely over the top that we decided we've got to do a piece on that particular e-mail. but pretty much of the messages to the true believers have got to exceed what we in the bunker before we pay much attention to them. as the nec we are out of time. thank you for your attention and appreciate your questions. [applause] speed in the transition we are going to ask the second panel to come up and area video we have produced to help stations engage in ad watching in the local broadcasts. we know that when the ad is added full stream you increase the likelihood that the ad is believed and you don't hear the reporter. swedes distributed with the annenberg foundation. if we could play that please, gary. >> what's the difference between seeing this, traffic lights in china and t
to the american society of civil engineers we are now $2 trillion in deficit in terms of infrastructure. immigration we have a policy to get a great education and then get the hell out of our country. we are fighting on the simplest h-1b issues that are so vital for our future strength. fourth, the rules for incentivizing risk-taking and preventing recklessness. i don't think that we have in any way remedied that the way we want and on the government funded research if it looks like an ekg heading for a heart attack. i don't know if they are relative to what. all i know is in the things that have historically made us great, on each one of those i see us not going in the direction we should be going. and for me that is the alarm bell and we could call and peptalk but i have been trying to put forth. >> jessica, let me ask the same question of you. are we as strong as we've ever been or are there other ways you see measurable decline? >> to me it's obvious that we are not as strong as we've ever been but for the reasons that tom has just enumerated, but also because the world has changed
Search Results 0 to 3 of about 4

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